Forex Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Bull Market Weakness (+75) - PLNSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNSEK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been DOWN since Mar 4th, 2022 at 2.19405
The intermediate-term trend has been UP since Aug 10th, 2022 at 2.21745
The short-term trend has been UP since Aug 1st, 2022 at 2.20300
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).